31919 N Lake Creek Dr UNIT 35, Tangent, OR, 97389 | $283/mo Cash Flow

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31919 N Lake Creek Dr UNIT 35, Tangent, OR, 97389 | $283/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Tangent at 31919 N Lake Creek Dr UNIT 35, Tangent, OR, 97389 offers a 9.55% rental yield on a $147,000 purchase with $1,170/mo rent. Total monthly income registers $1,170/mo, and a $719/mo payment leaves $283/mo available for distribution. Annual cash flow reaches $3,398/yr on $48,731 to close, and return on cash invested stands at 26.88% in year one. Equity gained on principal adds $949/yr while 5% annual appreciation supports $40,613 over five years. Portfolio math shows five-year ROI at 140.12% and total cumulative return in cash at $68,280. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,170/mo property income against a $719/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Manufactured

Built in 1990

N/A lot

$N/A/sqft

No HOA

More details about the property

Don't miss great 3-bed, 2-bath home in Lake Creek Ranch! Beautiful home features open floor plan, large living space, great kitchen for building those lifetime of memories, vaulted ceilings, rich laminate flooring throughout. Primary suite is a true retreat with the new stunning ensuite bath featuring rich charcoal-colored tile shower w/clear doors, white quartz countertop, and lighted vanity mirror. Cant forget 10x12 workshop, coverd carport fenced yard. Perfect blend comfort andstyle in all age community!

Neighborhood Data

Neighborhood data shown for ZIP Code: 97389, Tangent, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	740 (100%)
Owner Occupied HU	537 (72.6%)
Renter Occupied HU	166 (22.4%)
Vacant Housing Units	37 ( 5.0%)
Median Home Value	$506,307
Average Home Value	$544,939